<p>Brad Garlinghouse, CEO of Ripple, has indicated that the firm could go public in the next 12 months.</p> <p>Speaking at the World Economic Forum in Davos, Garlinghouse <a href="https://twitter.com/ashgoblue/status/1220413896068038656?s=21">told</a> the Wall Street Journal on Thursday that an initial public offering (IPO) is a “natural evolution” for the company.</p> <p>“In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first and we’re not going to be the last, but I expect us to be on the leading side… it’s a natural evolution for our company,” he said.</p> <p>Just last month, Ripple <a href="https://www.theblockcrypto.com/post/51237/ripple-raises-200m-series-c-to-boost-xrp-adoption">raised</a> a whopping $200 million in Series C funding, which is <a href="https://www.investopedia.com/articles/personal-finance/102015/series-b-c-funding-what-it-all-means-and-how-it-works.asp">usually the last step</a> before a company goes public. The Series C round valued the blockchain payments firm at $10 billion.</p> <p>Ripple has raised a total of $293.6 million in funding to date, according to <a href="https://www.crunchbase.com/organization/ripple-labs#section-funding-rounds">Crunchbase</a>. It remains to be seen how much more Ripple ends up raising in an IPO.</p> <p>Earlier this week, Ripple <a href="https://www.theblockcrypto.com/post/53835/ripples-xrp-sales-declined-by-80-in-q4">reported sales</a> figures of XRP for the fourth quarter and saw an 80% drop. The firm sold a total of $13.08 million in XRP in Q4, compared with $66.24 million in the previous quarter. The Q4 sales figures are the lowest in the past three years, according to The Block's research. The price of XRP also declined by 22% during Q4.<br /> <br /> Cumulatively, Ripple has so far sold a total of $1.22 billion worth of XRP, according to The Block's research.<img class="aligncenter size-full wp-image-53930" src="https://www.tbstat.com/wp/uploads/2020/01/xrp-sales.jpg" alt="" width="900" height="550" /></p>